Home Blogs OPEC+ faces difficult decisions as Covid returns, recession risks rise, and oil prices crash

Chemicals and the Economy

Plastics producers need to move to recycled feedstocks as Western refineries start to close

Plastics producers are now being squeezed from both ends of the value chain. Upstream, the growing demand for Electric Vehicles is starting to lead to refinery closures, reducing feedstock availability. Downstream, brand owners are stepping up the pressure for increased use of recycled plastic, as the new Global Commitment report from the Ellen Macarthur Foundation […]

A look back from 2030 at the success of COP26

Looking back over the 2020s,  it is easy to see how forward-looking companies emerged as Winners in the race to decarbonise, as I discuss in my new analysis for ICIS Chemical Business. “If we are going to hold the rise in the Earth’s temperature to 1.5 degrees, we must reduce emissions significantly between 2020 and […]

The end of China’s real estate bubble will impact global supply chains, exports and growth

“How did you go bankrupt?” Bill asked. “Two ways,” Mike said. “Gradually, then suddenly.” These lines from Ernest Hemingway’s classic novel “Fiesta” (USA title ‘The Sun also Rises’), summarise where we now are with Evergrande’s likely default in China.  It did indeed begin “gradually” at first – starting in February 2016. As I noted here […]

Jump to page: